Oil & Gas News

Debating the Data of Decommissioning Cost Reduction

DecomWorld – part of Reuters Events – has announced a new research session into decommissioning cost reduction, which will tackle issues of price efficacy, benchmarking and the environmental impact of such approaches.

The project is run in collaboration with Lloyds Register, and will culminate in the third episode of DecomWorld’s 2020 Webinar Series (January 15, 10AM CST).

Register or Request Recordings Via the Link Here.

It’s set to be a packed-out discussion! Those sharing insights include Joe Leask, Decommissioning Manager (Oil & Gas UK), Amber Sparks & Emily Hazelwood, Co-Founder’s (Blue Latitudes), John Cox, Decommissioning Manager (Worley) and Steve Gilbert, SVP Operations (Lloyds Register).

Register today and come away with your definitive guide to cost reduction:

  • Realize the value of benchmarks, establish the business case, and discuss how industry should develop performance metrics from the hard data collected to date
  • Discuss the hard data, gain insights into the natural of incremental cost reduction and assess the notion of a step-change in efforts to slash costs in light of the OGA’s 35% cost reduction aim.
  • Deep-dive into subsea decommissioning and understand the impact that efforts to reduce cost have can have on the environment

Sign up here to join the discussion!

“Whilst it’s no secret that cost reduction takes centre stage in decommissioning debate, industry is beginning to take a more holistic approach to price cutting. With the OGA setting 35% cost reduction by 2035, we MUST adapt, get innovative and work harder than ever to ensure efficacy. I’m excited to announce this project in collaboration with Lloyds Register and look forward to Wednesdays discussion” Owen Rolt, Director – Global Projects, DecomWorld

DecomWorld is now part of Reuters Events, after its parent company FC Business Events was acquired as part of the Reuters news and media division of Thomson-Reuters earlier this month.

View the event website for more details

Download the 2020 Summit Brochure directly to your inbox here.

For more information about the Decommissioning and Abandonment Summit (March 31 – 1 April, Houston, Texas) please visit the website.

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